These are issued in cases like Sales Return, Sales Adjustment, Price Difference, Bad Debts etc
In GSTR1, there are 2 types of Credit Note Debit Note
-
Credit Note Debit Note Registered
It is issued in case of Sales Return etc from Registered Parties (B2B Sales) -
Credit Note Debit Note Unregistered
It is issued in case of Sales Return etc from Unregistered Parties (B2C Large and Export Sales only)
Note:-
Credit Note Debit Note Unregistered is NOT to be issued in case of B2C Small Sales(Central Sales upto 2.5 lac or local sales any amt)
In this case,We directly show Net amount in B2C Small (Sales-Sales Return)
We do not separately fill Credit Note Debit Note Unregistered column
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Summary
